Fortunately, I don't hold nearly as much as BBRY, but that's the stock market for ya (especially biotechs)! I took the loss on SPHS as my incentive to buy more BBRY / HALO today. I'm predicting big things in the coming weeks for each... with a little encouragement from our buddy, Morgan!

Interesting. He was raving about how good the passport was to read his financial reports over any other phone he's had. So he loved the passport. And he says this one is better. Can't wait to try one. But loving my passport can't see the Classic being AS good.

Good interview but I don't agree with everything he said. For example, the Passport and Z30 are fantastic devices. He was raving over the Classic and maybe it's for him but let's not forget that all BlackBerry 10 devices run the same software. It's just the form factors that are different.

It's late, so I don't have time to read much. Sorry if this has been answered before.
Re: classic sales is (BIS) revenues loss.

Yes... but no.
If you look at the installed base, BBOS devices left are mostly enterprise (I throw a 80% as an estimation, but won't run calculations with that) .
Yet, those legacy devices are managed under BES5... which cannot handle BB10 devices.
Rewind a few months ago and see how I was excited to learn that Classic will be released simultaneously with BES12 and I thought it'll be a perfect bundle to encourage migration (migrate some, keep some, the time to switch from 5 to 12).
It is happening and they - on purpose ? - even offset the Classic launch (is that to avoid too many free upgrades ? (not for the cost but for the manpower and infrastructure needed to handle it).

You have to play chess to understand Chen. Where you see him now is just an artifact of where he was yesterday

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Edited : this means for those migrating after February : the end of perpetual licences... see what they did here ?

Good interview but I don't agree with everything he said. For example, the Passport and Z30 are fantastic devices. He was raving over the Classic and maybe it's for him but let's not forget that all BlackBerry 10 devices run the same software. It's just the form factors that are different.

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He is basically saying that the old management had their own agenda but JC actually went out to meet clients and get THEIR input. So JC built a device that everyone still loved which is the 9900 but had it updated with the newest and best OS. He was right though BlackBerry should have had this phone released years ago. Shows how much a strong management team can accomplish. All BlackBerry devices are solid but they cater to different people's needs but the classic is the one that caters to the core enterprise and die hard 9900 lovers which there are still millions of.

They can say all they want, but it doesn't change my position on BlackBerry. Long shall I stay and long it will be. When you see this kind of crap means people and companies are getting scared. They have turned up the propaganda machine to new highs and we all know who invented propaganda media. It's good to be different!

It has been a while since the last chart I posted. Here is an updated one.

Quick points:
- Line E (long blue line) from last December has served as a long term up trend line. We have had higher lows consecutively.
- RSI shows clear oversold and overbought cycles. It looks like we are going into the oversold cycle.
- Support price range seems to be in the $8.82 (MA200) and $8.65.
- The key here is not to break line E with the hope that the SP would bounce from it as it did in the previous two cycles.
- Something that we could notice as well is the price range (contraction) from each cycle, which the MACD indicator appears to reflect. It has become narrower from one cycle to another, which indicates that either the seller or the buyer has to give eventually. At the moment, I am not sure, whether this chart could be showing a ascending triangle (purple line as the top line in the extended daily chart) or a rising wedge (black line as the top line). Perhaps, Morgan could help to shed more light.

Hi JLagoon!!

No, I see pretty much the same thing that you are pointing out in your great charts. Mine looks a bit different as I use slightly different references than you do.

Here is my version:

I start at the beginning of the calendar year, I build a case for my upper trending line, or resistance line, I find points where there are reversals on RSI>70 and generate that line. Then I draw the next parallel line following the major low point in the stock price over time which is a large RSI oversold level with a strong base. From those two lines I have what I think the pros will be looking at for the balance of 2014. From what I can determine, traders are using RSI points as their reversals, not TA classic signals like formations. They simply sell on RSI over-bought and buy on RSI oversold moments. We followed the 50-dma for several months so I like to keep and eye on that trend too. It has been predictable in terms of when they are going to buy/sell this play. Within my channel I see your upward sloping line and it is worth watching, it should be the bottom for BBRY this time around, unless the DOW wants to drop another 10%. By the way, my channel rises at the rate of $ 2.20/shr/US for BBRY every year. Not a big gain but a sustainable one for sure.

If we look at the last 7-days, we know that the DOW has dropped 10% from its all time high, AAPL has dropped 10% from its all time high and even little BBRY has dropped close to 10% from its 7-day high area. The stock is following the market, no surprise there. Today, BBRY tried to clear back above $ 10.00 and was having no problem until the DOW dropped 250 points very quickly. The price of oil did the same thing, rallied at first and then dropped off. I mentioned awhile back that we need to see oil stabilize soon, and to watch for gold to break down, we will see oil slow down here and gold is breaking down. All of this sell-off is healthy, it is a standard 10% sell-off, no problem there, we are setup for our Christmas rally and I still expect BBRY to put on a great show into the end of January. Nothing has changed for me. GL and nice charts!

If we look at the last 7-days, we know that the DOW has dropped 10% from its all time high, AAPL has dropped 10% from its all time high and even little BBRY has dropped close to 10% from its 7-day high area. The stock is following the market, no surprise there. Today, BBRY tried to clear back above $ 10.00 and was having no problem until the DOW dropped 250 points very quickly. The price of oil did the same thing, rallied at first and then dropped off. I mentioned awhile back that we need to see oil stabilize soon, and to watch for gold to break down, we will see oil slow down here and gold is breaking down. All of this sell-off is healthy, it is a standard 10% sell-off, no problem there, we are setup for our Christmas rally and I still expect BBRY to put on a great show into the end of January. Nothing has changed for me. GL and nice charts!